Cashew prices remain weak on subdued demand
Cashew prices fell further by Rs 10 per kg in the national capital today largely due to subdued demand from retailers and stockists amid adequate stocks.
Fresh arrivals from producing belts also put pressure on the cashew prices.
Cashew kernel (No 180, 210, 240 and 230) prices fell by Rs 10 each to settled at Rs 870-880, Rs 770-780, Rs 650-655 and Rs 540-580 per kg, respectively.
Marketmen said fall in demand from retailers and stockists amid adequate stocks, mainly led to fall in cashew kernel prices on the wholesale dry fruit market here.
The following were today's quotations (per 40 kg):
Almond (California) Rs 17,800 Almond (Gurbandi-new) Rs 7,900-8,100; Almond (Girdhi) Rs 4,400-4,700; Abjosh Afghani Rs 8,000-22,000.
Almond Kernel (California-new) Rs 620-640 per kg, Almond Kernel (Gurbandi-new) Rs 500-550 per kg.